This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
Saturday, 14 June 2014
Ftse250- Top could be in
I believe we have probably seen the top in Ftse250
a "double 3" pattern ie 2 three pivot tops so potential for a fast move down
Long Term Count: http://i1283.photobucket.com/albums/a545/EliotRosewater/LONG_TERM_COUNT_zpse65d47f2.png
ReplyDeleteWatch for Monthly Breakdown: http://i1283.photobucket.com/albums/a545/EliotRosewater/MONTHLY_CHART_BREAKDOWN_zpse3ce2ebb.png
Tech is in the Wheelhouse: http://i1283.photobucket.com/albums/a545/EliotRosewater/TECH_zps5185bde1.png
Goodman Compensation Calculation (Tech Chart): http://i1283.photobucket.com/albums/a545/EliotRosewater/GOODMAN_Target_zps140c8761.png
-Eliot Rosewater
AUDUSD is breaking out: http://i1283.photobucket.com/albums/a545/EliotRosewater/DOLLAR_COLLAPSE_zps56d38544.png
ReplyDeleteDollar Midterm Election Cycle Supports:
http://i1283.photobucket.com/albums/a545/EliotRosewater/Dollar_Collapse_001_zpsae4ee6a9.png
-Eliot Rosewater
Maybe the Flemish Will Help: http://i1283.photobucket.com/albums/a545/EliotRosewater/EUROPE_ASSIST_zpse77e6169.png
ReplyDelete-Eliot Rosewater
YEN.
ReplyDeleteDaily is bearish below the downsloping green line: http://i1283.photobucket.com/albums/a545/EliotRosewater/YEN_zps7c24e4da.png
Weekly is bearish: http://i1283.photobucket.com/albums/a545/EliotRosewater/YEN_001_zps7e262c66.png
Monthly is teetering on the edge: http://i1283.photobucket.com/albums/a545/EliotRosewater/YEN_002_zpsa5aa3fae.png
Rather than post reasons (like 161.8 FTSE off 2009 low), here is the best and tightest actionable chart I have found if it has any value:
ReplyDeleteBulls are safe above OEX 804.74.
When that falls, it is the long term short entry (and watch for lines to break in the washout for corroboration).
Chart: http://i1283.photobucket.com/albums/a545/EliotRosewater/WILL_IT_FAIL__zpsab563c44.png
Hi Wile! CR stop posting at the toxic cess pool!
-Eliot Rosewater (aka SJ).
Thanks for all the charts SJ
ReplyDelete